It is already done deal mostly to be delisted as if they can, they already make all the effort to avoid delisted, so pointless to think it is possible for a turnaround, anyway, just the minor shareholder total loss, the major shareholder still with the company.......
Brahim’s Holdings Bhd's share price dropped 33.3% on Tuesday to a record low of one sen after the airline caterer said last week that its share trade will be suspended from April 15, pending Bursa Malaysia’s decision on the Practice Note 17 company's appeal against the delisting, after the bourse rejected its application for time extension to submit its regularisation plan.
Now like if U buy at 0.5 to 1.0cts…..treat it like burning prayer money for Ching Ming festival and the reward will manifesto in other ways….Q now to buy at 0.05 today…
In stk mkt trading or investing, you win some & lose some. After reviewing & reflecting, time to realign, rebalance & recover. A stk worth consideration is Genting Bhd.
Operations in Msia, Spore, UK, Egypt, USA.
Involved in other industries; oil & gas, plantations, biotech/biomed, etc.
Do your own due diligence. Your money, your decision.
let see ibrahim buy all 1.5cent at last minute,.......if not mean brahim has no more hope , ......total loss,......unlikely they will save this brahim,.......they will let it go bankrupt.
theedgemarkets.com | 2022-04-14 18:27:00 KUALA LUMPUR (April 14): Practice Note 17 (PN17) in-flight caterer Brahim's Holdings Bhd has submitted an appeal to Bursa Securities against the commencement of delisting procedures on the securities of the company.
In a bourse filing on Thursday (April 14), the loss-making Brahim's said the board of directors had on Thursday submitted an appeal to the regulator against the commencement of action to delist its securities on Bursa Malaysia.
"Given that the appeal was submitted within the appeal timeframe, on or before April 14, the removal of the securities of the company from the official list of Bursa on April 20 will be deferred pending the decision by Bursa on the appeal," it said.
"An announcement in relation to the outcome of the appeal will be released in due course," it added.
On April 8, Brahim's had announced that Bursa had rejected its application and to suspend and subsequently de-list the securities of the company. However, it had stated its intention to submit an appeal to Bursa on the latter's decision to de-list its securities.
However, Bursa will proceed to suspend the trading of the company’s securities from Friday (April 15), even though the decision on the company’s appeal is still pending.
apakah ? hari ni sebab apa kosong kosang semua , ada simbol *S! pulak , sudah kena suspend . ingat nak borong 1 dua unit , mana tahu nanti gap up limit up
Type: Announcement Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING Description: BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
APPEAL ON DE-LISTING OF BHB Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the announcement dated 8 April 2022.
We refer to the Company’s announcement dated 8 April 2022 in relation to the decision by Bursa Malaysia Securities Berhad (“Bursa Securities”) to reject the Company’s Application and to suspend and subsequently de-list the securities of the Company (“Announcement”).
The Board of Directors of BHB wishes to announce that the Company had on 14 April 2022, submitted an appeal to Bursa Securities against the commencement of de-listing procedures on the securities of the Company (“Appeal”).
Given that the Appeal was submitted within the Appeal Timeframe (i.e. on or before 14 April 2022), the removal of the securities of the Company from the Official List of Bursa Securities on 20 April 2022 shall be deferred pending the decision by Bursa Securities on the Appeal.
An announcement in relation to the outcome of the Appeal will be released in due course.
tabung haji company not likely being delisted,........semi government company,........they will do something to save their investment..........similar to th heavy
look at current share price of 1cent,..........brahim may do share consolidation at 20 to 1,.......right issue 10 for 1 at 20cent per share,........raising rm30 mil. for brahim,.......enough to keep brahim business moving
Lol so funny, if got those plan why don’t do it earlier ? Wait until bursa said delist only come out all sorts of funny plan Th inside ? What so big deal Blame their investment team for investing rubbish
before suspended,.........if they do right issue 2 for 1 at 10cent per share,........raising rm60 mil.,..............brahim could have been saved,.......but now too late already,.......look like all big shots don`t have money
Harry ... i totally agree with you... doing like this macam not gentlemen.... If got plan.... announce and calm the shareholders....right? or maybe they purposely waited last minute so that you guys sell your shares at loss and their friends & family sapu cheaply just to be sold to you all again later at higher price?
Harry
Lol so funny, if got those plan why don’t do it earlier ? Wait until bursa said delist only come out all sorts of funny plan
PN17 in-flight caterer Brahim's Holdings Bhd has submitted an appeal to Bursa Securities against the commencement of delisting procedures on the securities of the company. (Edge Markets)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Selina888
306 posts
Posted by Selina888 > 2022-04-12 18:09 | Report Abuse
Just look at such companies in distressed and they alll shared a similarity concerning theiri profile and the business model.